May 6, 2021 Omaplex 0 Comments

Fiscal agreements are set of agreements that govern the relationship between the government and parties involved in Exploration and Production of oil and gas in Nigeria. This agreement also determines risk, obligations, chargeable tax, and how the economic benefits derived are to be structured. In Nigeria, an investor may choose to operate under any of this agreement. They are:

  •    Joint Venture Contract (JVC)
  • Profit Sharing Contract (PSC)          
  • Sole Contract (SC)
  • Sole Risk Operator
Agreement Signed in The Nigeria Oil & Gas Industry was last modified: May 6th, 2021 by Omaplex